Empirical Finance LLC Takes Position in Dell Technologies Inc. $DELL

Empirical Finance LLC purchased a new stake in Dell Technologies Inc. (NYSE:DELL) in the second quarter, Holdings Channel reports. The firm purchased 1,366 shares of the technology company’s stock, valued at approximately $589,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ProShare Advisors LLC increased its stake in shares of Dell Technologies by 10.5% during the fourth quarter. ProShare Advisors LLC now owns 80,686 shares of the technology company’s stock valued at $10,157,000 after buying an additional 7,642 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new position in shares of Dell Technologies in the 4th quarter worth approximately $23,332,000. Plato Investment Management Ltd acquired a new position in shares of Dell Technologies during the second quarter worth $5,913,000. Gabelli Funds LLC increased its position in Dell Technologies by 49.0% during the 1st quarter. Gabelli Funds LLC now owns 46,094 shares of the technology company’s stock valued at $7,565,000 after buying an additional 15,150 shares in the last quarter. Finally, MUFG Securities EMEA plc increased its holdings in shares of Dell Technologies by 112.9% during the fourth quarter. MUFG Securities EMEA plc now owns 12,356 shares of the technology company’s stock valued at $1,555,000 after acquiring an additional 6,553 shares in the last quarter. Institutional investors own 76.37% of the company’s stock.

Insider Transactions at Dell Technologies

In other Dell Technologies news, Director Spv-2 L.P. Sl sold 49,949 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $527.07, for a total value of $26,326,619.43. Following the completion of the transaction, the director owned 121,449 shares in the company, valued at $64,012,124.43. The trade was a 29.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CMO Jane Tunnell sold 5,436 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $523.51, for a total value of $2,845,800.36. Following the completion of the sale, the chief marketing officer owned 41,539 shares in the company, valued at approximately $21,746,081.89. The trade was a 11.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,302,611 shares of company stock worth $624,243,159. 41.50% of the stock is owned by corporate insiders.

Key Stories Impacting Dell Technologies

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Royal Bank of Canada initiated coverage with an “outperform” rating and a $640 price target, implying substantial upside from recent levels. This adds to a broadly bullish analyst consensus, including recent target increases from Evercore and other firms. Analyst price target coverage
• Positive Sentiment: AI demand remains the primary catalyst. Dell reported approximately $60.9 billion in AI-server orders and a roughly $95 billion backlog. Its latest quarter also delivered $7.04 in adjusted EPS versus a $4.91 consensus estimate and $46.97 billion in revenue, up 57.7% year over year. Dell AI server orders and backlog
• Positive Sentiment: Management commentary that a structural shortage in AI computing capacity could worsen in 2027 reinforces expectations for sustained server demand. Dell is also benefiting from enterprise customers deploying AI systems on-premises, broadening the opportunity beyond large cloud providers. Dell CEO comments on AI compute shortages
• Neutral Sentiment: Dell plans to raise approximately $4 billion through a bond offering to refinance debt while supporting its AI infrastructure expansion. The financing may improve capital flexibility, although investors will watch borrowing costs, leverage and cash-flow conversion. Dell bond sale
• Negative Sentiment: AI server stocks are pulling back after a strong two-day advance, with no company-specific disclosure identified. The move suggests short-term profit-taking and caution after Dell’s more than 300% one-year rally. AI server stock pullback
• Negative Sentiment: Recent insider selling is another modest headwind. Dell’s CMO and several Silver Lake-affiliated entities sold shares worth millions of dollars, reducing their positions while DELL trades near record highs. These transactions may reflect diversification rather than deteriorating fundamentals, but they can reinforce near-term selling pressure. Dell insider selling

Wall Street Analyst Weigh In

DELL has been the topic of several research reports. Wolfe Research downgraded Dell Technologies from a “peer perform” rating to a “peer perform” rating in a research report on Friday, May 29th. UBS Group reaffirmed an “outperform” rating on shares of Dell Technologies in a research note on Wednesday, September 2nd. Morgan Stanley lifted their price target on Dell Technologies from $434.00 to $499.00 and gave the company an “equal weight” rating in a research note on Wednesday, September 2nd. Barclays upped their price objective on shares of Dell Technologies from $550.00 to $603.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 2nd. Finally, Daiwa Securities Group increased their target price on Dell Technologies from $170.00 to $465.00 and gave the company an “outperform” rating in a report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Dell Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $560.24.

Dell Technologies Price Performance

Shares of NYSE DELL opened at $507.13 on Friday. Dell Technologies Inc. has a 1 year low of $110.22 and a 1 year high of $562.99. The company has a market capitalization of $328.68 billion, a P/E ratio of 29.43, a P/E/G ratio of 0.55 and a beta of 1.34. The company has a 50 day simple moving average of $447.99 and a 200-day simple moving average of $321.75.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Tuesday, September 1st. The technology company reported $7.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.91 by $2.13. The business had revenue of $46.97 billion during the quarter, compared to analysts’ expectations of $44.89 billion. Dell Technologies had a negative return on equity of 578.85% and a net margin of 7.53%.The company’s revenue was up 57.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.70 EPS. Dell Technologies has set its FY 2027 guidance at 25.500-25.500 EPS and its Q3 2027 guidance at 6.500-6.500 EPS. As a group, research analysts expect that Dell Technologies Inc. will post 25.14 EPS for the current year.

Dell Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, October 20th will be given a $0.63 dividend. The ex-dividend date of this dividend is Tuesday, October 20th. This represents a $2.52 dividend on an annualized basis and a yield of 0.5%. Dell Technologies’s payout ratio is presently 14.63%.

Dell Technologies Company Profile

Dell Technologies Inc is a global technology company that develops, sells and supports information technology hardware, software and services. Its portfolio includes personal computers, workstations, monitors, displays, peripherals and related accessories marketed primarily under the Dell brand.

The company also provides enterprise infrastructure solutions, including servers, storage systems, networking equipment, data protection, cybersecurity and cloud-related technologies. Dell Technologies supports organizations with consulting, deployment, managed and support services designed to help them operate data centers, hybrid cloud environments and modern workplace technology.

Michael Dell founded the company in 1984 and serves as its chairman and chief executive officer.